Government Could Take Over Student Loan System

If the Obama administration has its way, the government could soon take over the student loan system. The move has been criticized by many people, including Lamar Alexander, the U.S. secretary of Education from 1991 to 1993.

The administration’s proposal is that from July, about 19 million students who seek government backed loans for education should apply directly to the U.S. Education Department. This is in stark contrast to the current system where students and their educational institutions exercise their choice in deciding on lenders. [Read more…]

Student Loan Consolidation Companies

People who have more than one student loan often find themselves in situations wherein they lack the ability to pay. The problem is not always financial. Some of them find it difficult to manage their loans and sometimes forget to pay them on time. Many opt for a student loan consolidation for the purpose of making the loan payment easier and more convenient. Finding the right student loan consolidation companies is easy because there are a lot of banks and institutions that offers this kind of service. [Read more…]

National Student Loan Database for Information

The importance of education cannot be more emphasized. Everyone’s problem is finding reliable financial backup. The lack of money to finance education is the main reason why many aspiring students are unable to pursue further studies. Sure a part time job will help with the expenses but barely make it. Clearly, the life of a college student is not all about partying. The pressure with academics and the struggle with finances combined, a student will barely make it through. And this is where student loan comes in. [Read more…]

How to Get Federal Student Loan Consolidation

Under such economic climate and even before, there is rarely a college student who can make it to graduation day without having to take out a student loan. Of course, in college, there are many things to buy and pay for so those who have very little money would need the extra financial support that a loan can provide them with. It may seem easy whilst you’re still in school but many students realize the real burden of these loans after graduation when the pay back begins. [Read more…]

Graduate Student Loan

You have just graduated from college yet you are still considering the thought of going to graduate school. The problem is that you barely had the finances to get through college, let alone through graduate school. If the government provides assistance to those who need financial aid in order to get into college, it has also come up with a way to help those who are interested in getting into graduate school and continuing their studies. For this, a graduate student loan may help you with the all the expenses for your educational needs without much hassle. [Read more…]

How to Get a Student Loan

If you are an average student who cannot afford to get college education without financial help, then applying for a student loan may be your best option. Here are some tips that can guide you on [how to get a student loan]. When you are preparing to enroll for college and you are worried about your finances, your most accessible solution would be to apply for a student loan. [Read more…]

International Student Loan

There has been a rapid increase in growth of the number of international students studying in the USA. If you are one of the many students that need financial aid, here is some information on how to get an international student loan. Student loans have proved to be very helpful to students who do not have enough resources to finance their education. Getting quality education has also become so expensive especially for those who are coming from outside the country since they have to cover transportation expenses and legal travel documents, among others. [Read more…]

Bad Credit Student Loan

Bad credit student loans have provided some people a chance at their dreams. With today’s unstable financial market, loans can be very enticing, what with the looming expenses that college presents and the many personal needs that cannot be taken for granted. Taking a loan is the only chance at having the life we deserve. [Read more…]

Undergraduate Student Loans

Quite different from your usual scholarship, a student loan is a form of financial aid which has to be repaid after the student graduates or any time he or she stops going to school for any reason. Just like other loans, student loans also come with interest rates. [Read more…]